Business
US firms pay over $1 billion in taxes to Russia Amid Ongoing Ukraine war
U.S. companies that have continued to do business in Russia have contributed more than $1 billion in tax revenue to Kremlin, Newsweek has…
Tag
Tax
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Five common tax deductions to claim on 2024 tax returns
Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund. Why It Matters Tax…
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IRS issues tax deadline reminder for 14 states
The Internal Revenue Service (IRS) has issued a reminder for taxpayers across 14 states that may have been granted extensions on their tax…
News
Brazil court suspends law cutting tax breaks for firms with deforestation soy commitment
SAO PAULO/BRASILIA (Reuters) - A justice on Brazil's top court on Thursday suspended a law from the country's top soy-producing state that…
Business
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
News
Adidas headquarters raided in years-long tax investigation, company says
AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on…
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Germany and 15 other EU countries want vapes included in tobacco tax
The Managing Director of the German subsidiary of e-cigarette manufacturer Reymont, Selim Oezder, stands at his company's stand at the…
News
What is a Fat Tax? The Question Taking Over the Internet
In today’s society, obesity has become a prevalent public health issue affecting people of all ages and backgrounds. With approximately…
News
Key witness is Germany's 'cum-ex' tax fraud scandal goes on trial
The accused lawyer Kai-Uwe Steck (L) sits next to his lawyer Gerhard Strate in the courtroom. A criminal trial against one of the key…
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UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms
LONDON (AP) — With banners, bullhorns, toy tractors and an angry message, British farmers are descending on Parliament on Tuesday to…
Business
Mexico has room to boost tax revenues without fiscal overhaul, president says
MEXICO CITY (Reuters) - Mexico has room to boost tax revenues next year without turning to a deep fiscal reform, President Claudia…
Business
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownership THE news that Frasers…
News
Police search PwC Sydney office amid tax scandal investigation
POLICE combed through PwC Australia’s Sydney office on Monday (Nov 4) as part of an ongoing investigation into the firm’s tax scandal.…
Business
Top 1% tax filers account for over 54% of short-term capital gains
The top 1 per cent tax filers in terms of gross income, or about 50,000 individuals, accounted for over 54 per cent of short-term capital…